https://www.axios.com/janet-yellen-global-minimum-tax-rate-51c7395b-e46a-4a5c-b18b-bdcf5d8bd352.html
Janet Yellen, former FED chairman, and current Biden cabinet Treasury secretary is planning on using her first major address to the Chicago Council on Global Affairs to call for other countries to all impose a global minimum tax, which would reduce the likelihood of companies relocating offshore, as Biden eyes to increase corporate taxes 700 basis points to 28%. Yellen will also cover climate change and access to vaccines in poor countries, she will call for a $650 billion dollar "Special Drawing Rights" which will be lines of credit from the International Monetary Fund which can give more access to U.S. dollars.
Mason Meiring #10
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